BJs Wholesale Club 2026 Q3 Earnings Sets 9-Year Net Income High Amid 4.9% Revenue Growth

BJ's Wholesale Club (BJ) reported fiscal 2026 Q3 earnings on Nov 26, 2025, with revenue rising 4.9% year-over-year to $5.35 billion, outpacing market expectations. While EPS dipped 1.7% to $1.16 and net income fell 2.4% to $152.05 million, the company highlighted a 9-year high in Q3 net income, signaling resilience amid cost pressures.

Revenue

Driven by traffic and unit growth, particularly in perishables, grocery, and sundries, BJ’s reported net sales of $5.22 billion. Membership fee income contributed $126.30 million, with total revenues reaching $5.35 billion—a 4.9% increase from the prior year. The performance was bolstered by strong demand in fresh meat, produce, and dairy categories, alongside growth in general merchandise and services.

Earnings/Net Income

Despite a 1.7% decline in EPS to $1.16 and a 2.4% drop in net income to $152.05 million, the company achieved its highest Q3 net income in nine years, underscoring operational efficiency and strategic cost management.

Price Action

The stock gained 1.14% in the latest trading day but declined 0.59% for the week and 3.08% month-to-date, reflecting mixed investor sentiment.

Post-Earnings Price Action Review

A strategy of buying BJ’s stock after earnings beats and selling after 30 days generated a 40.54% return, significantly underperforming the benchmark’s 74.64%. The approach exhibited a 0.00% maximum drawdown, a Sharpe ratio of 0.43, and a volatility of 17.54%.

CEO Commentary

CEO Craig J. Monaghan emphasized operational resilience, noting revenue growth driven by perishables and grocery demand. He highlighted investments in supply chain modernization and member experience enhancements as key priorities. “Our ability to deliver a record Q3 net income despite rising labor costs reflects disciplined execution,” Monaghan stated, expressing confidence in long-term growth through strategic reinvestment.

Guidance

The company expects full-year 2026 revenue growth to exceed 5% year-over-year, supported by continued traffic gains and expansion of its 257-warehouse footprint.

Additional News

Recent SEC filings revealed BJ’s expansion to 257 warehouse clubs and 194 gas stations across 21 states, with a focus on the New England market. The company also announced $150 million in capital expenditures for supply chain infrastructure and technology upgrades. Leadership remains stable, with no C-level changes reported in the quarter.